Unknown PYMNTS

PYMNTS is a news organization that covers the latest developments in technology, finance, and commerce. The author appears to be a reporter for PYMNTS who has written multiple articles about various companies and their financial performance.

Biography:  https://www.pymnts.com/news/retail/2024/ex-walmart-us-ceo-bill-simon-says-retailer-wont-keep-affluent-shoppers/

94%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

  • The author appears to have no clear biases.

Conflicts of Interest

100%

Examples:

  • There are no clear conflicts of interest detected.

Contradictions

86%

Examples:

  • Contradictions found in articles include information on the discontinuation of the Basic plan for new or returning members in the US, Canada, and the UK since 2023 despite rising subscription costs.
  • Despite rising subscription costs, Netflix's memberships rose by 16% in the first quarter, reaching 269.6 million.

Deceptions

85%

Examples:

  • If Apple gets its way, consumers’ iPhones will know their shopping preferences and predict their next purchase.
  • Meanwhile, PYMNTS wrote earlier this month that Apple's new AI efforts could transform how consumers interact with their devices and, more importantly, how they shop.
  • The author occasionally uses misleading information such as:
  • The report goes on to argue that Apple will be a less reliable source of growth as sales decline.

Recent Articles

Netflix Discontinues Basic Ad-Free Subscription Plan: Users Must Upgrade by July 13, 2023

Netflix Discontinues Basic Ad-Free Subscription Plan: Users Must Upgrade by July 13, 2023

Broke On: Tuesday, 02 July 2024 Netflix is discontinuing its Basic ad-free subscription plan for existing users, effective July 13, 2023. Users must upgrade to a new plan: $5.99 ad-supported, $15.49 ad-free, or $22.99 4K premium. Netflix began phasing out the Basic option last year in some regions and hiked prices for those still subscribed.
Urgent Call from Democratic Senators: Major Investors and Banking Partners of Synapse Urged to Restore Access to Frozen Deposits Following Bankruptcy Filing

Urgent Call from Democratic Senators: Major Investors and Banking Partners of Synapse Urged to Restore Access to Frozen Deposits Following Bankruptcy Filing

Broke On: Tuesday, 02 July 2024 A group of Democratic Senators is urging major investors and banking partners of Synapse to collectively pool resources to restore access to frozen deposits for over 100,000 customers following the fintech firm's bankruptcy. The senators criticize these entities for profiting from Synapse's services without ensuring consumer protection.
Apple's Shift to AI: Monetizing Subscriptions and Partnerships

Apple's Shift to AI: Monetizing Subscriptions and Partnerships

Broke On: Monday, 01 July 2024 Apple shifts focus to software and AI for growth, plans monetization through subscriptions or fees based on reports. Discussions with partners like Meta and OpenAI hint at paid features beyond free integrations.
FedEx Evaluating Potential Spin-off of Freight Unit Amidst Strong Earnings and Industry Shifts

FedEx Evaluating Potential Spin-off of Freight Unit Amidst Strong Earnings and Industry Shifts

Broke On: Tuesday, 25 June 2024 FedEx, a leading delivery and logistics company, is considering significant changes to its business structure, including the potential sale or spin-off of its profitable Freight unit worth $50 billion. The move comes after FedEx reported strong earnings for Q4 2023 and amidst ongoing cost-cutting measures aiming to save $4 billion by 2025. Competitors UPS and Old Dominion Freight Line have also made sector moves, with UPS selling its trucking business and freight brokerage business, while Old Dominion had a market cap of $38.7 billion as of Wednesday.
Apple and Meta in Talks: A Potential Game-Changer in AI Collaboration

Apple and Meta in Talks: A Potential Game-Changer in AI Collaboration

Broke On: Sunday, 23 June 2024 Apple and Meta are reportedly in talks to partner on AI, which could see Meta's advanced technology integrated into Apple's digital assistant Siri and other products. The potential collaboration comes as Apple seeks to enhance its AI capabilities and catch up with competitors. Sources suggest that Apple has also held talks with other AI companies, and a successful partnership could generate significant revenue.
Citigroup's Money-Moving Business: A Reliable Source of Profit and Global Reach with Risks

Citigroup's Money-Moving Business: A Reliable Source of Profit and Global Reach with Risks

Broke On: Monday, 17 June 2024 Citigroup, a global financial services company, highlights its money-moving services division as a key focus for profitability. Accounting for nearly half of Citigroup's profits in the last quarter, this division manages and moves cash globally for major clients like Amazon, Uber, and the US government. The business handles payments processing and capital flows while benefiting from higher interest rates. With an extensive network integrated with foreign-exchange teams, Citigroup showcases its competitive advantage during an investor day on June 18.
21% of Consumers Struggled to Pay Bills in Summer 2023: PYMNTS Intelligence Report

21% of Consumers Struggled to Pay Bills in Summer 2023: PYMNTS Intelligence Report

Broke On: Friday, 07 June 2024 In the summer of 2023, over one in five consumers struggled to meet their financial obligations, with low-income individuals experiencing a significant increase. According to PYMNTS Intelligence, 34% of low-income consumers faced bill payment challenges compared to 31% the previous year. Even high-income consumers saw an uptick in struggles, with 13% reporting difficulties compared to 9% in 2022.
Apple's New Passwords App: Simplifying Login Processes with Secure Password Generation and Storage at WWDC 2023

Apple's New Passwords App: Simplifying Login Processes with Secure Password Generation and Storage at WWDC 2023

Broke On: Friday, 07 June 2024 Apple to unveil new password management app 'Passwords' at WWDC 2023, generating complex passwords, importing from rivals, and offering biometric authentication for secure storage.
US Economy Grows Slower Than Initially Estimated: Revised Data Shows 1.3% Annualized Expansion in Q1, Consumer Spending Downgraded to 2%

US Economy Grows Slower Than Initially Estimated: Revised Data Shows 1.3% Annualized Expansion in Q1, Consumer Spending Downgraded to 2%

Broke On: Thursday, 30 May 2024 The US economy grew more slowly than initially estimated in Q1, with GDP expanding at an annualized rate of 1.3% due to a downward revision in consumer spending. This revision led to renewed expectations for a Federal Reserve interest rate cut and raised concerns about potential financial stress among consumers.
Apple's AI Focus: Improving Siri, Partnerships, and New Features at May 2024 Developers Conference

Apple's AI Focus: Improving Siri, Partnerships, and New Features at May 2024 Developers Conference

Broke On: Sunday, 26 May 2024 Apple, with its vast user base, aims to make AI the focus at its May 2024 developers conference. Rumors suggest improvements to Siri with wake word-less activation and partnerships with AI companies for chatbots. Apple also plans new AI-generated emojis and OS updates with voice transcription, photo retouching, and faster search results.